Central regions | Finance, business | Technology & innovation
Rusnano Israel to help Russia’s Rusnano cultivate Israeli nanotech developers
30 Oct '13
The Rusnano board of directors has approved a transaction with Rusnano Israel Ltd., Russia’s largest nanotech company announced.
The deal’s value is “no more than $931,700.” The transaction is aimed at contracting the Israeli counterpart’s services in looking for and working with Israeli nanotech projects. The Russian company also expects Rusnano Israel to provide it a fast track for stepping up operations in that Middle Eastern country.
In addition, Rusnano Israe will be assisting the Russian firm in attracting new partners and raising new investments in the State of Israel in a bid to jointly set up an investment fund. The future fund will be then supporting companies that develop nanotechnologies and manufacture related innovation products.